Missouri non-farm payroll employment increased by 1,800 jobs from January 2023 to February 2023 and the seasonally adjusted unemployment rate decreased by one-tenth of one percentage point. Private industry employment increased by 1,700 jobs and government employment increased by 100 jobs.

According to the Missouri Economic Research and Information Center, the state’s seasonally adjusted unemployment rate was 2.6 percent in February, down from 2.7 percent in January.

Over the year, there was an increase of 58,000 jobs from February 2022 to February 2023 and the unemployment rate dropped by one-tenth of a percentage point.

Missouri non-farm payroll employment was 2,962,000 in February 2023.